This transcript has been automatically generated and may not be 100% accurate.

... the the ... here are proposing a till the DAL are settling in me and Stacey insider trading case ... this is your team day acting in the ... afternoon it Simon and Sarah Mary ... breaking his right now as hedge fund has a C Capital Advisors could face a one point five to two million dollars settlement ... in the criminal insider trading case ... that's the figure federal prosecutors are pushing for Colin Barr is to tell us more ... time ... so two million when driven to the McPherson were seen this number out there that's right and we aam we know that there's been a case that the government's filed against essay see it and we know that they've been looking at a CC for a long time to have an elaborate piece that the building for years ... and is the first time we've seen signs of a settlement in the people we suspect that that there'll be a ... possible someone a free half a case of this magnitude the ... August one week by going to go and that you know ... about me and this takes Toby I'm just the fine right it means admitting wrongdoing potentially move ... in and of Stephen Collins Korea ... write what I think ... I think that that's that's the prom pictures that this is the latest development in a case that one can walk in because ... of Mr. Cohen has had ... thirty percent plus SEC's of thirty percent plus ... you plus or minus returns over a long period which is pretty much impressed me it's a very unusual ... anything ... right and that's always it's always sort of raise eyebrows among people want so here's the latest instance of the government in insider trading which is alleged here in the SEC's denied wrongdoing ... by Mr. Cohen's denied any wrongdoing but ... um that is the case ... again this is sort of ... um but the high-profile case the government to one of the of the areas that made a big priority ... and when you see reporting years their present a man in this case it's likely that substantial insider incentive pay for basic insider trading in Iraq what was going on ... well so the government's allegation is that the CC to me this outstanding profits ... by cm you hoping the people who would know for information ... in a way that was not was not kosher in Assisi contends that this didn't happen and that the firm view ... was rigorous in its application to the law and that they would never permit this to happen but ... um it's been a long time building up a case of the objective to come to this day when they would be able to present ... Mr. Cohen his firm with IPO here or if you if you want if you don't want to go through the court system for the US that this is what's going cost you to me this is unprecedented ... in the next thing he did this a couple times are saying this as widespread as Ryanair patterned Bay youngest been that's why they've taken in their minds justify asking for that's from number because they're saying that insider trading ... is on ... again alleged in this case it's a crime ... that undermines trust of markets and the U a lack of trust in markets' Invictus and we talk about all the time ... with his insider trading with its technological watchful systems that don't work ... those are big issues for the markets right now so they the government wants to what can make people who are investing their money for their retirement or for their kid's college or whatever ... say ... there's no one who has an edge on the I have a fair chance to make return to my mom ... okay so what is this mean for for Steven Cohen is the founder of the firm's the firm by you know ... his name and what's his teacher why it's an interesting since the question is quite it's quite an offer because obviously ... the aam ... an ethic that new Mr. Cohen is is known to some beacons of light or so I don't think that you he would take an offer like this lightly but say that so I don't know ... that if we know exactly what the status of that that discussion is but I think that obviously this is ... um if it's yet another recall compliant in a case that made one of compliance with the last six months to ensure